China Literature (SHSC:772) - Stock Price, News & Analysis

772 Stock Overview

An investment holding company, operates an online literature platform in the People’s Republic of China. More details

772 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 57.5% below our estimate of its fair value

Earnings are forecast to grow 14.87% per year

Earnings grew by 23.3% over the past year

Analysts in good agreement that stock price will rise by 33.4%

Risk Analysis

Significant insider selling over the past 3 months

China Literature Limited Competitors

Xinhua Winshare Publishing and Media

SEHK:811

HK$16.0b

Oriental Enterprise Holdings

SEHK:18

HK$899.2m

Hong Kong Economic Times Holdings

SEHK:423

HK$341.0m

NetEase Cloud Music

SEHK:9899

HK$24.4b

Price History & Performance

Summary of all time highs, changes and price drops for China Literature
Historical stock prices
Current Share Price	HK$25.35
52 Week High	HK$36.00
52 Week Low	HK$20.40
Beta	0.76
11 Month Change	-9.79%
3 Month Change	5.63%
1 Year Change	-6.63%
33 Year Change	-53.66%
5 Year Change	-15.78%
Change since IPO	-65.72%

Recent updates

Shareholder Returns

	772	HK Media	HK Market
7D	-1.6%	5.3%	-2.1%
1Y	-6.6%	2.8%	9.7%

Return vs Industry: 772 underperformed the Hong Kong Media industry which returned 2.8% over the past year.

Return vs Market: 772 underperformed the Hong Kong Market which returned 9.7% over the past year.

Price Volatility

Is 772's price volatile compared to industry and market?
772 volatility
772 Average Weekly Movement	8.0%
Media Industry Average Movement	10.3%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 772 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 772's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	1,760	Xiaonan Hou	yuewen.com

China Literature Limited, an investment holding company, operates an online literature platform in the People’s Republic of China. It operates through Online business, and Intellectual Property Operations and Others segments. The company promotes intellectual properties primarily through its online literature platforms, such as QQ Reading and Qidian; and New Classics Media, a film and TV drama series production house.

China Literature Limited Fundamentals Summary

How do China Literature's earnings and revenue compare to its market cap?
772 fundamental statistics
Market cap	HK$25.75b
Earnings (TTM)	HK$1.00b
Revenue (TTM)	HK$8.52b

25.7x

P/E Ratio

3.0x

P/S Ratio

Is 772 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
772 income statement (TTM)
Revenue	CN¥7.92b
Cost of Revenue	CN¥4.07b
Gross Profit	CN¥3.85b
Other Expenses	CN¥2.92b
Earnings	CN¥932.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.92
Gross Margin	48.61%
Net Profit Margin	11.77%
Debt/Equity Ratio	0.05%

How did 772 perform over the long term?

See historical performance and comparison

772 Stock Overview

Rewards

Risk Analysis

China Literature Limited Competitors

SEHK:811

HK$16.0b

SEHK:18

HK$899.2m

SEHK:423

HK$341.0m

SEHK:9899

HK$24.4b

Price History & Performance

Recent News & Updates

CEO, President & Executive Director recently sold HK$3.1m worth of stock

Investor sentiment deteriorates as stock falls 16%

China Literature Limited Announces Board and Committee Changes

Investor sentiment improves as stock rises 20%

First half 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.37 in 1H 2023)

First half 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.37 in 1H 2023)

Recent updates

CEO, President & Executive Director recently sold HK$3.1m worth of stock

Investor sentiment deteriorates as stock falls 16%

China Literature Limited Announces Board and Committee Changes

Investor sentiment improves as stock rises 20%

First half 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.37 in 1H 2023)

First half 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.37 in 1H 2023)

China Literature Limited to Report First Half, 2024 Results on Aug 12, 2024

Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.60 in FY 2022)

Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.60 in FY 2022)

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

Investor sentiment deteriorates as stock falls 17%

Non-Executive Chairman of the Board recently bought HK$1m worth of stock

China Literature Limited to Report Fiscal Year 2023 Results on Mar 18, 2024

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 21%

First half 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.23 in 1H 2022)

China Literature Limited to Report First Half, 2023 Results on Aug 10, 2023

China Literature Limited Announces Board Changes

Non-Executive Chairman of the Board recently bought HK$1.6m worth of stock

Investor sentiment improves as stock rises 21%

China Literature Limited Announces Executive Changes

China Literature Limited Appoints Mr. Xie Qinghua as A Non-Executive Director

China Literature Limited Announces Management Changes

Investor sentiment improves as stock rises 20%

Full year 2022 earnings released: EPS: CN¥0.60 (vs CN¥1.83 in FY 2021)

China Literature Limited to Report Fiscal Year 2022 Results on Mar 16, 2023

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

First half 2022 earnings released: EPS: CN¥0.23 (vs CN¥1.08 in 1H 2021)

China Literature Limited to Report Q2, 2022 Results on Aug 15, 2022

Less than half of directors are independent

Less than half of directors are independent

Non-Executive Director recently bought HK$24m worth of stock

First half 2021 earnings released: EPS CN¥1.08 (vs CN¥3.30 loss in 1H 2020)

Non-Executive Director recently sold HK$5.5m worth of stock

Non-Executive Director recently sold HK$3.7m worth of stock

Vice Chairman Wenhui Wu has left the company

Full year 2020 earnings released: CN¥4.48 loss per share (vs CN¥1.10 profit in FY 2019)

Non-Executive Director recently sold HK$1.9m worth of stock

Full year 2020 earnings released

New 90-day high: HK$85.00

Non-Executive Director recently sold HK$1.6m worth of stock

New 90-day high: HK$64.30

China Literature Limited (SEHK:772), Baidu, Inc. (NasdaqGS:BIDU) and Shenzhen Investment Limited (SEHK:604) signed an agreement to acquire 15% stake in COL Digital Publishing Group Co., Ltd. (SZSE:300364) from its shareholders for approximately CNY 600 million

China Literature Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day low: HK$55.45

China Literature Limited Announces Retirement of Zhao Jincheng as Joint Company Secretary

New 90-day high: HK$61.95

CEO & Executive Director recently bought HK$21m worth of stock

First half earnings released

First half earnings released

China Literature Limited to Report First Half, 2020 Results on Aug 11, 2020

Shareholder Returns

Price Volatility

About the Company